Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Hurricane and Severe Weather Tracking -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (2808)	9/1/2005 1:19:04 PM
From: tejek	Read Replies (1) \| Respond to of 26005

And this is... Bush's fault? Yes. Where do you think the money came for tax cuts and a war in Iraq during a recession? *********************************************************** "Along the way, both Bush and Congress would do well to examine to what extent Washington spending decisions contributed to the unfolding crises. Indeed, it was well-documented in the New Orleans press that the city survived on borrowed time from threat of hurricanes — an existence made tenuous by the failing flood and levee system. As several bloggers, including Will Bunch of The Philadelphia Daily News, noted yesterday, Washington denied urgent requests from the region for matching federal funds for hurricane-protection, flood and levee-fortification work — notwithstanding under-maintained infrastructure and the fact that the 2004 hurricane season was the worst in decades. Last spring, New Orleans saw the steepest reduction in hurricane and flood-control funding in its history. Bunch wrote that after 2003, federal assistance slowed to a trickle, despite the need for more than $250 million in projects. The Army Corps of Engineers "never tried to hide the fact that the spending pressures of the war in Iraq, as well as homeland security — coming at the same time as federal tax cuts — was the reason for the strain. At least nine articles in the Times-Picayune from 2004 and 2005 specifically cite the cost of Iraq as a reason for the lack of hurricane- and flood-control dollars." Earlier, in a 2002 series eerily dubbed "Washing Away," the newspaper wrote, "It's only a matter of time before south Louisiana takes a direct hit from a major hurricane. Billions have been spent to protect us, but we grow more vulnerable every day."" thejournalnews.com